The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. View on euronews

With the European economy lagging behind the United States, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself." "My advice to my fellow Europeans is more confidence.

European Central Bank President Christine Lagarde expressed skepticism about adding Bitcoin to reserves due to its volatility and illicit finance ties. Despite Bitcoin's recent appreciation, European lawmakers remain hesitant, with the ECB able to influence member states' investment decisions through investigations and penalties.

The World Economic Forum's annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,

"Risk of a greater friction in global trade could weigh on Euro area growth." "Wages, profits, geopolitical tensions among upside risks to inflation." "Downside risks to inflation include low confidence, geopolitical stress." "Frictions in global trade would make inflation outlook more uncertain."

Chief Adviser Professor Muhammad Yunus has sought the assistance of the European Central Bank President Christine Lagarde to recover billions of dollars stolen from the country during Sheikh Hasina's "dictatorship". The two dignitaries met in the Swiss city of Davos yesterday (22 January) on the sidelines of the World Economic Forum annual meeting.

At the World Economic Forum, BlackRock CEO Larry Fink suggested renewed investment in Europe, emphasizing reduced pessimism and potential growth. Despite global economic challenges, Fink, IMF's Kristalina Georgieva,

President of Singapore Tharman Shanmugaratnam, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, and President of the European Central Bank Christine Lagarde attend a se

ECB President Christine Lagarde expressed confidence that no European country would establish Bitcoin reserves.

It is a busy day for the European calendar dominated by GDP releases and the ECB meeting. France has just released a weaker-than-expected fourth-quarter GDP reading of -0.1% QoQ. Consumption and business investment were the weak links, ING's FX analyst Chris Turner notes.

The Czech National Bank plans to assess the possibility of including cryptocurrencies in its investment diversification.

Today the US focus should be on a reasonably strong fourth-quarter GDP release, very much driven by strong consumption. This should prove another tick in the box for US exceptionalism and could see DXY heading back to the 108.20 or even 108.50 area – depending on ECB developments today.